Berkshire Hathaway unit snaps up 54-MW wind project in Iowa

Wind farm in Iowa. Author: Theodore Scott. License: Creative Commons, Attribution 2.0 Generic.

June 3 (Renewables Now) - BHE Renewables LLC, a subsidiary of Berkshire Hathaway Energy Company, said on Wednesday it has finalised the purchase of a 54-MW wind project in Iowa from developer RPM Access LLC for an undisclosed sum.

The acquisition of the Independence wind scheme envisages the installation of 20 GE turbines at a site near Ryan in Delaware County, which are expected to go online in the last quarter of this year. The plant will be equipped with 18 of the GE 2.8-MW and two of the GE 2.3-MW machines.

Once up and running, the wind park’s output will be sold to the Central Iowa Power Cooperative under a 20-year power purchase agreement (PPA).

With the acquisition of Independence, BHE Renewables’ portfolio of wind assets has expanded to 1,719 MW, noted president and CEO Alicia Knapp. Among the Des Moines, Iowa-based company’s wind farms are the 300-MW Jumbo Road and 300-MW Santa Rita parks in Texas, as well as the 400-MW Grande Prairie park in Nebraska.

Apart from wind, BHE Renewables also invests in solar, geothermal and hydropower projects.

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Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.

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